How many Learningrx outlets were operating in Florida at the end of 2022?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
| 0 | | 2024 | 0 | | | 2022 | 2 | | | Tennessee | 2023 | 0 | | 2024 | 0 | | | 2022 | 0 | | | Texas | 2023 | 0 | | 2024 | 1 | | | 2022 | 3 | | | Totals | 2023 | 0 |
| State | Year | Outlets at Start of the Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Colorado | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–53)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, there was one Learningrx outlet operating in Florida at the end of 2022. The table provided in Item 20 outlines the number of outlets at the start and end of the year, as well as any changes that occurred during the year, such as openings, terminations, or re acquisitions by the franchisor. This information is useful for prospective franchisees to understand the brand's growth and stability in specific regions.
Specifically for Florida in 2022, the table shows that there were two outlets at the start of the year. During 2022, there were no outlets opened, terminated, non-renewed or reacquired by the franchisor. However, one outlet ceased operations for other reasons, resulting in one outlet at the end of the year.
This level of detail in Item 20 allows potential Learningrx franchisees to assess the historical performance and trends of the franchise system in different states. Reviewing this data over several years can provide insights into market saturation, franchisee turnover, and overall health of the Learningrx brand in a given area.